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For sale
  • $647,000

    2031 3rd St, Lake Charles, LA 70601

    --beds
    --baths
    8,911sqft
    : 
    Apartment, Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $73/sqft
    $-- HOA

    What's special

    Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and the added benefit of some covered parking spaces. Both buildings feature covered walkways that open onto a charming courtyard nestled between them. Please note that the complex is not individually metered for gas and water. The property taxes are $1,219.34 yearly, and it's located in Flood Zone AE. The current flood policy costs $3940 per year for the 2031 building and $2,237 per year for the 2033 building. Recent improvements include a roof replacement in 2021 for both buildings, ensuring long-lasting value and protection for your investment. Many of the units have undergone remodeling, and all units are rented. This is your chance to own a thriving Apartment Complex with great potential. Act now, make your offer, and secure this outstanding investment today! Seller will entertain a owner financed deal with a large down payment on a 5 year balloon term.
    613 days
    on Zillow
    |
    119
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 11:23am

    Listed by:

    Robbie Ingle,

    Coldwell Banker Ingle Safari Realty 337-478-1601

    Source: SWLAR,MLS#: SWL23007065
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2031 3rd St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Heating
    • Window Unit(s)
    Cooling
    • Ceiling Fans, Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven, Electric Range, Water Heater
    • Laundry: Laundry Equipment Lease, Electric Dryer Hookup, Laundry Room, Outside, See Remarks, Washer Hookup
    Features
    • No Carpet
    • Windows: Casement Windows
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,911
    • Total interior livable area: 8,911 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.34 Acres
    • Dimensions: 180 x 100
    • Features: Paved, Regular Lot
    Details
    • Parcel number: 00273996
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Apartment, Multi Family
    Materials
    • Brick, HardiPlank Type
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Security Lights
    • Subdivision: High School Park Add
    HOA
    • Has HOA: No
    Location
    • Region: Lake Charles

    Financial & listing details

    • Price per square foot: $73/sqft
    • Date on market: 11/29/2023
    • Listing terms: Owner May Carry,Owner Will Carry
    • Total actual rent: 7550
    • Electric utility on property: Yes
    • Road surface type: Paved
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